Tokenized Economy

Definition ∞ A Tokenized Economy refers to an economic system where various assets, rights, or utilities are represented as digital tokens on a blockchain. These tokens can be traded, managed, and utilized within a decentralized framework, enabling new forms of value exchange and ownership. This concept facilitates fractional ownership and programmable transactions.
Context ∞ The concept of a tokenized economy is a frequent topic in discussions about the future of finance and asset management. News coverage often details the creation of new tokenized assets, from real estate to intellectual property, and their potential impact on market liquidity and accessibility. Debates also persist regarding regulatory frameworks and the standardization of tokenized asset classes.